General News
IEA Agrees to Record Release of Emergency Oil Reserves
The Paris-based organization said it will make 400 million barrels of oil available from its members’ emergency reserves in an effort to calm surging oil prices.
Inflation Held Steady in February; Then Iran War Started
The data has been overtaken by a conflict that began when the U.S. and Israel attacked Iran on Feb. 28. Gas prices have jumped sharply and are expected to fuel higher costs broadly.
Trump Says US to Get New Oil Refinery With Reliance Backing
The announcement came as the White House sought to quell concerns about rising energy prices due to the war in Iran. Trump is weighing several possible options to lower the cost of oil and gasoline.
DTNA To Offer 6 Cummins Engines In 2027 Lineup
Freightliner and Western Star customers will be able to choose from six Cummins engines for model-year 2027 trucks, including the first gasoline option Freightliner will make available.
Cosco Halts Panama Port Operations as Tensions Rise
Beijing warned of a “heavy price” for the Central American country’s forced takeover of the facility from Hong Kong conglomerate CK Hutchison.
Cintas Agrees to Buy Uniform Maker UniFirst in $5.5B Deal
UniFirst shareholders will receive $155 in cash and 0.7720 shares of Cintas stock for each UniFirst share they own, according to a statement on March 11.
Uber Partners With Zoox to Offer Robotaxi Rides
At launch, Uber riders will have the opportunity to match with a Zoox robotaxi on eligible trips. It’s the first time Zoox has partnered with a third party.
Harbinger Adds Low‑Cab‑Forward Truck to Medium‑Duty Line
Garden Grove, Calif.-based chassis and truck manufacturer Harbinger said the truck would be available as both a battery-electric vehicle and a plug-in hybrid model.
Iran Targets Oil Facilities as Global Energy Concerns Grow
Iran has effectively stopped cargo traffic in the Strait of Hormuz through which about a fifth of all oil is shipped. It has also targeted oil fields and refineries in Gulf Arab nations.
ATA Backs Expansion of Pell Aid to Short‑Term Job Courses
Under the rule, eligible students could use Pell Grants for courses lasting eight to 15 weeks — a change sought by ATA, which pointed to CDL training and diesel technician instruction.
ATA’s Women In Motion Urges Federal Push on Truck Parking
With federal highway programs expiring Sept. 30, ATA's Women In Motion Council is pressing lawmakers to prioritize truck parking in the next surface transportation reauthorization.
ATA’s Women In Motion Urges Federal Push on Truck Parking
With federal highway programs expiring Sept. 30, ATA's Women In Motion Council is pressing lawmakers to prioritize truck parking in the next surface transportation reauthorization.
Fuel Price Surge Tests Trump's Willingness for Long Iran War
President Donald Trump’s efforts to stabilize prices at the pump underscore the unique role oil and gasoline play in the economy — and American voters’ perceptions of it.
US Oil Forecast for 2027 Rises After Middle East Disruptions
The U.S. raised its forecast for domestic oil production next year after the recent surge in prices due to supply disruptions from key Middle East countries.
Truck Makers Debut Exterior Safety Camera Expansions
Truck makers are zeroing in on adding 360-degree exterior camera systems as a safety feature ahead of the peak construction season in North America.
White House Says It Fired NTSB Member Over Misconduct
President Donald Trump's administration said March 9 that it believes the firing is justified. Todd Inman said, “I look forward to defending my reputation through all legal means possible.”
Exxon Seeks to Make Texas Its Legal Headquarters
If Exxon’s move happens, corporate governance matters such as company bylaws, fiduciary duties of directors and shareholder voting rights would be shifted to comply with Texan law.
Amazon Starts Bond Sale That Aims to Raise at Least $37B
Amazon’s deal is the latest in a series of jumbo bond sales by hyperscalers as they plan to invest hundreds of billions of dollars in AI infrastructure. Investors have so far been eager buyers.
War With Iran Delivers Another Shock to Global Economy
With a key shipping route cut off, oil prices have surged — from less than $70 a barrel on Feb. 27 to nearly $120 early March 9 before settling closer to $90. They’ve taken diesel and gasoline prices with them.
US Steps Up Iran Strikes as Oil Industry Faces More Upheaval
Saudi Arabia, Iraq, the United Arab Emirates and Kuwait have lowered their collective output by as much as 6.7 million barrels a day, Bloomberg reports. That amounts to about 6% of global supply.